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Nov 23, 2012
11/12
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the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> an eye for an eye, taliban style tops world headlines tonight. a suicide bomber detonated a truck full of explosives today in eastern afghanistan. three afghan civilians were killed and mo
the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the...
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Nov 26, 2012
11/12
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that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping deductions to buy down the debt. >> graham has been saying raising taxes to give politicians more money to continue spending doesn't solve any problem at all. it's not a piece of solving the problem. >> allowing tax cuts to expire generate average of $82.4 billion a year and would run the government for 8.5 days. the reality is similar to what romney laid out in the campaign. my plan is bring down rates and deductions at the same time so revenue stays in. we bring down rates to get people working. >> they are meeting with ceos, caterpillar and goldman sachs and other key players on the fiscal issues. erskine bowles, coaut
that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping...
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Nov 21, 2012
11/12
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he says a compromise would prevent sudden and severe shock to our economy. if the two sides do not reach a deal, we know exactly what's going to happen. after new year's day, tax cuts expire for everybody. and deep automatic spending cuts take effect. economists say that could send us right into another recession. mike emmanuel live on capitol hill. hello, mike. >> shep, congressional sources say talks have been business like and productive and almost everybody realizes they're going to have to give a little to get this done. several senators mentioned entitlement reform when i asked about where to cut. >> reform doesn't mean you throw these programs out. you run them more efficiently. you look at the fraud or waste and abuse that's been identified and then you come into the revenue picture. you know. people will call me and say, we need to trim this program. good with me, but the problem is it doesn't generate the difference that you need to make here. >> nebraska senators calling for going big, tax reform and entitlement reform since those are huge lifts f
he says a compromise would prevent sudden and severe shock to our economy. if the two sides do not reach a deal, we know exactly what's going to happen. after new year's day, tax cuts expire for everybody. and deep automatic spending cuts take effect. economists say that could send us right into another recession. mike emmanuel live on capitol hill. hello, mike. >> shep, congressional sources say talks have been business like and productive and almost everybody realizes they're going to...
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Nov 24, 2012
11/12
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economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling a lot more confident this year. now if you are looking for a segment to grow even faster than 4 hers projection try online already. ibm research signature it was up 17% on thanksgiving day. 20% already for this holiday shopping season, john? >> it turns out some of those black friday deals are not all they are cracked up to be. >> some of them, according to decide incorporated which part nerd up with a news corps fellow organization the "wall street journal" they took a look at some of these bargains and came to the same conclusion that shoppers came to that they are really deal
economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling...
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Nov 27, 2012
11/12
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that does help the economy. 70% of this economy, shep. >> shepard: every year at this time the matter of sales taxes not being paid in some states comes up. every year at this time some big business owners say they are trying to change that. >> actually, it's a lot of small business owners. in fact the alliance for main street businesses really trying to fight what they sees a an unfair advantage by large online companies luring away those shoppers. if i live in california and i shop in massachusetts, a store there, i don't pay sales tax. but if that business is in california, i do. they say that it's unfair to small businesses across this country and many republic governors, believe it or not, are actually lobbying to have the online sales tax laws changed so that everybody pays tax online across the country. big revenue. >> shepard: cheryl casone fox business. thank you. some of the online bargains may be too good to be true. today the federal government and online law enforcement agencies proved it shut down more than 100 web sites selling counterfeit web sites. some set up web sit
that does help the economy. 70% of this economy, shep. >> shepard: every year at this time the matter of sales taxes not being paid in some states comes up. every year at this time some big business owners say they are trying to change that. >> actually, it's a lot of small business owners. in fact the alliance for main street businesses really trying to fight what they sees a an unfair advantage by large online companies luring away those shoppers. if i live in california and i...
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Nov 22, 2012
11/12
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i mean, there is a kind of psychology do this economy. if people are feeling gloomy and afraid, they're not going to go out and spend. so the fact that people are feeling -- by the way, i don't want to overemphasize this because, you know, these numbers on consumer confidence, as you know, they bump up and down. but i think right now people just feeling a little bit better. but it does go back to that issue of the fiscal cliff. you notice what's happened on the stock market. every time it looks like they're going to get around this problem, the stock market booms. every time the negotiations stall, the stock market loses value. so everybody's going to be paying very close attention to this. rick: how optimistic are you, steve, on the chances of a deal on the fiscal cliff, and if there is a deal, what could that mean for the economy as a whole? >> well, you know, i think at the optimal outcome is not to raise taxes on anybody. i do think that if the president has his way and those taxes go up on investors and businesses, it's hard to see w
i mean, there is a kind of psychology do this economy. if people are feeling gloomy and afraid, they're not going to go out and spend. so the fact that people are feeling -- by the way, i don't want to overemphasize this because, you know, these numbers on consumer confidence, as you know, they bump up and down. but i think right now people just feeling a little bit better. but it does go back to that issue of the fiscal cliff. you notice what's happened on the stock market. every time it looks...
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Nov 22, 2012
11/12
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economy from falling off the fiscal cliff coming up next. one gop senator's proposal to rein in all of that spending and the likelihood of congress actually adopting his plan. ainsley: plus, a thanksgiving parade is underway in new york. we will have more on the sights and sounds straight ahead. going down sixth avenue. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. gregg: well, thanksgiving is certainly a time to count our blessings and to help those less fortunate. but in the future tax changes could hurt those who do the most to help people in real need. jim angle joins us now live in washington. jim, you've been looking into this. what are charities really worried about ear? >> reporter: well, gregg, both the president's plan to raise taxes on the wealthy and the republican willingness to raise revenues
economy from falling off the fiscal cliff coming up next. one gop senator's proposal to rein in all of that spending and the likelihood of congress actually adopting his plan. ainsley: plus, a thanksgiving parade is underway in new york. we will have more on the sights and sounds straight ahead. going down sixth avenue. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade...
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Nov 22, 2012
11/12
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FBC
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highestverage star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ [ male
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members...
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Nov 22, 2012
11/12
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money yocan still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah lou: the chief economist of moody's capital markets will be with me in a moment, before we go to john lonski we look at tonight's money like, stocks closing at a two-week high before this thanksgiving day. the dow up 48 points, s&p
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what...